TechMoneycontrol2h ago
India-based Slice, which has transitioned from a credit card-led fintech
Sources: India-based Slice, which has transitioned from a credit card-led fintech to a small finance bank, raised $100M at a ~$450M valuation, down from ~$1.4B
TL;DRIndian fintech Slice raised $100M at $450M valuation, down 68% from prior peak.
Why it matters: Signals fintech funding collapse; shows investor caution on Indian credit models and unprofitable growth.
The downround, which marks a nearly 70% correction from Slice's earlier valuation, comes after funding talks with Accel …
Read full articleSource: Moneycontrol · Opens in new tab